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Italy: Grana Padano - Prices and Production
On this page, you will find:
The Grana Padano's price lines could be explained by the following :
  • seasonal fluctuation of production;
  • the seasonal demand (stronger in winter) and the cheese conservation;
  • export volumes;
  • the new entry on the domestic and international markets of counterfeits or similar products at low prices.
Grana Padano - Aged. 15 months
Wholesale price  (€/kg)
Month 2016 2017 2018 ± on prev.
month. 		± % from
2017
January 7,58 8,15 7,35 -2,00% -9,82%
February 7,58 8,14 7,18 -2,30% -11,75%
March 7,56 7,98 7,08 -1,48% -11,29%
April 7,48 7,75 7,11 +0,47% -8,28%
May 7,40 7,68 7,20 +1,29% -6,19%
June 7,33 7,78 7,23 +0,35% -7,07%
July 7,33 7,83 7,18 -0,69% -8,31%
August 7,35 7,83  
September 7,40 7,83  
October 7,54 7,76  
November 7,78 7,60  
December 8,09 7,50  
Average 7,53 7,82 7,19
Variazione¹ % +1,80% +3,77% -8,99%
Last Update:23-07-2018
1) change from the same period of previous year
Source: Milan Chamber of Commerce; since January 2018, Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce
 
Grana Padano - Aged 9 months
Wholesale price  (€/kg)
Month 2017 2018 2019 ± on prev.
month. 		± % from
2018
January 7,20 6,35 7,73 +7,29% +21,65%
February 7,19 6,20 7,88 +1,94% +27,02%
March 7,03 6,10 7,95 +0,95% +30,33%
April 6,80 6,13 7,95 0,00% +29,62%
May 6,68 6,23 7,95 0,00% +27,71%
June 6,73 6,25 7,98 +0,31% +27,60%
July 6,78 6,18 8,00 +0,31% +29,45%
August 6,78 6,15 8,00 0,00% +30,08%
September 6,78 6,27 7,99 -0,12% +27,46%
October 6,71 6,53 7,84 -1,91% +20,02%
November 6,55 6,81 7,55 -3,67% +10,83%
December 6,46 7,20  
Average 6,80 6,37 7,89
Variazione¹ % +4,64% -6,44% +25,44%
Last Update:11-11-2019
1) change from the same period of previous year
Source: Milan Chamber of Commerce; since January 2018, Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce
 
Grana Padano - Aged 60-90 days (out of salt)
Wholesale price  (€/kg)
Month 2017 2018 2019 ± on prev.
month. 		± % from
2018
January 7,20 6,35 7,73 +7,29% +21,65%
February 7,19 6,20 7,88 +1,94% +27,02%
March 7,03 6,10 7,95 +0,95% +30,33%
April 6,80 6,13 7,95 0,00% +29,62%
May 6,68 6,23 7,95 0,00% +27,71%
June 6,73 6,25 7,98 +0,31% +27,60%
July 6,78 6,18 8,00 +0,31% +29,45%
August 6,78 6,15 8,00 0,00% +30,08%
September 6,78 6,27 7,99 -0,12% +27,46%
October 6,71 6,53 7,84 -1,91% +20,02%
November 6,55 6,81 7,55 -3,67% +10,83%
December 6,46 7,20  
Average 6,80 6,37 7,89
Variazione¹ % +4,64% -6,44% +25,44%
Last Update:11-11-2019
1) change from the same period of previous year
Source: Milan Chamber of Commerce; since January 2018, Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce
Production of Grana Padano
Number of wheels  
Month 2004 2009 2014 2015 2016 2017 2018 2019 ± % on
2018 		± % on
2017
January 363.220 396.216 442.836 437.554 448.038 456.414 472.837 468.126 -1,0% +2,6%
February 362.550 382.400 424.681 411.566 442.728 436.994 449.592 446.582 -0,7% +2,2%
March 400.027 437.691 486.481 466.983 489.840 497.055 507.704 504.197 -0,7% +1,4%
April 392.514 422.874 476.647 457.479 477.127 480.821 490.366 496.110 +1,2% +3,2%
May 390.313 411.792 469.681 454.580 460.722 467.900 475.934 493.998 +3,8% +5,6%
June 349.844 376.333 426.387 421.671 418.839 401.923 404.540 442.645 +9,4% +10,1%
July 313.550 341.872 384.725 352.261 351.729 337.548 353.587 365.416 +3,3% +8,3%
August 286.698 297.247 352.623 337.571 342.758 327.334 297.321 364.920 +22,7% +11,5%
September 283.049 242.439 304.088 318.708 291.253 312.765 287.673 334.364 +16,2% +6,9%
October 316.089 264.384 325.273 356.222 337.888 370.542 363.449 389.448 +7,2% +5,1%
November 324.260 294.923 337.543 364.647 360.643 380.751 373.933
December 365.148 359.749 409.054 422.687 438.027 472.007 456.060
Jan-Oct 3.457.854 3.573.248 4.093.422 4.014.595 4.060.922 4.089.296 4.103.003 4.305.806
% y-o-y ¹ +10,1% +3,3% +14,6% -1,9% +1,2% +0,7% +0,3% +4,9%
Total Year 4.147.262 4.227.920 4.840.019 4.801.929 4.859.592 4.942.054 4.932.996
% y-o-y ¹ +10,9% +1,9% +14,5% -0,8% +1,2% +1,7% -0,2%
Last Update: 05-11-2019
1) change from the same period of previous year , except for years 2004, 2009, 2014, where the change is from the same period 5 years ago
**: Adjusted for months of 30 days (Ex. The calculation of the production change of June compared to May is obtained by considering [June production] compared to [May production : 31 x 30])
Source: Consorzio per la tutela del Grana Padano
  = Min Production in the last 5 years
  = Max Production in the last 5 years